Share: Federal Reserve Bank of San Francisco President Mary C. Daly said on Friday that the Fed kept interest rates unchanged this week in recognition that “we are closer to our destination”. She added that inflation is coming down, and the labor market is gradually adjusting. Regarding interest rates, Daly mentioned that they
Challenger is reporting that they see the labor market starting to cool as the holiday season kicks off. They add: Employers are hiring at a slower clip Retailers have announced 55,755 job cuts through August US retailers will add 410K seasonal positions, which represents the lowest number of jobs added in the 1st quarter since
